News

On May 28, 2020, Ukraine released a preliminary affirmative determination regarding the AD duty on China-made steel fasteners including screws, bolts and nuts in accordance with the resolution stated in AD-447/2020/4411-03. Effective from the date of the announcement for a period of 4 months, a temporary 19.75% AD tax will be i... more

2020-06-04

News

Bumax Screws Enhance Precise Zero-Point Clamping Solution

Bumax Screws Enhance Precise Zero-Point Clamping Solution

Andreas Maier Fellbach (AMF) previously used carbon steel screws (class 10.9 & 12.9) with corrosion protection for its Zero-Point-System clamping products. However, the company required a more durable fastener solution to realize its vision of providing the best and safest products on the market.
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2020-05-29

News

Car Sales in Russia Drop by 72.4% This April Due to Covid-19

Car Sales in Russia Drop by 72.4% This April Due to Covid-19

According to European Chamber of Commerce, with the influence of Covid-19, the total sales of cars and commercial cars in Russia in April 2020 reached only 38,922 units, down 72.4% from last April (141,011 units). In the first 4 months of 2020, the cumulative sales of cars in Russia reached 415,102 units, down 19.1% from the same period of 2019.
... more

2020-05-25

News

Subcon Thailand 2020 to Hold Webinar on May 21

Subcon Thailand 2020 to Hold Webinar on May 21

Subcon Thailand, the international trade show for industrial components, is scheduled to take place on September 23-26, 2020 at BITEC, Bangkok. In order to facilitate more exchange and interaction in the industry, the organizer of this show will give a webinar at 10:00 a.m. through 11:15 a.m. (local Thailand time) on May 21 ... more

Following the success of Fastener Fair India 2019, the organisers have announced that Fastener Fair India will return to New Delhi in 2020. India’s capital city will host Fastener Fair India for the third time. The exhibition takes place from 09-10 October 2020 at the Pragati Maidan Exhibition Centre in New Delhi. New Delhi provides an exciting location for the event, one just as vibrant as Mumbai. As India’s capital city, New Delhi is one of the fastest growing cities in the world, with high cultural, political and commercial importance. Furthermore, many international companies have established themselves in the region, encouraged by the positive business sentiment, resulting from increased political confidence. The Delhi region also acts as a hub for the automotive industry. New Delhi will also draw a new set of visitors, attracting buyers and distributors from this region. The fourth edition of Fastener Fair India held in Mumbai, took place from 25-26 April 2018 at the Bombay Exhibition Centre.

Due to the COVID-19 pandemic, many global hardware trade fairs this year have been postponed to 2021. However, Taiwan’s success in combating the coronavirus has made it possible for the Taiwan Hardware Show (THS) 2020 to take place as scheduled during 13-15 October at the Taichung International Exhibition Center, making it the only hardware and hand tools trade show taking place worldwide this year.

The organizer Kaigo and co-organizer, the Taiwan Hand Tool Manufacturers' Association (THTMA), have enjoyed a long-term partnership that continues to increase the event scale and expand business opportunities. Faced by the challenges of COVID-19, both organizations have determined to highlight Taiwan’s manufacturing prowess, and have planned strategically in advance to seize future opportunities during the economic recovery. The Organizers are committed to helping businesses rise to the challenges that COVID-19 has presented as well as generating more business opportunities.

Taiwan has dealt with COVID-19 in the best way possible, resulting in the supply chain and manufacturing industries of Taiwan rather unaffected. As such, the event this year is likely to attract more international buyers. During the pandemic, Kaigo has stayed connected with the global hardware industry by contacting international buyers and media via EDM, sharing Taiwan’s successful experience of containing the virus while reassuring potential visitors that hardware production continues business as usual. Kaigo has also highlighted the advantages of THS as an optimal one-stop sourcing platform that facilitates new product displays, business negotiations, and factory visits. With Taiwan’s top performance in fighting COVID-19, Kaigo is dedicated to providing the safest and best environment possible for exhibitors and international buyers to do business.

Hsin-Te Huang, Chairman of the THTMA, suggested that Taiwan’s hand tools industry should “seek business opportunities amid crisis, and leverage the opportunities to set new records.” In post COVID-19, businesses prepare for a recovery in the hand tools business, they should also keep an eye on how the US-China trade disputes continue to shape the global supply chain network. Product orders diverted from China, as well as diversifying outsourcing manufacturing risks are all factors that international companies will begin to consider in developing their procurement strategy. As such, the industry has to plan ahead during the pandemic. “An economic crisis is generally followed by waves of new industry growth, and the current global situation has presented Taiwanese businesses a great opportunity to join the trade show and prove themselves as reliable and trust-worthy partners to buyers,” said Fang-Wei Hsiao, Coordinator of the Market Development Division at THTMA.

As the global spread of COVID-19 slows down, and nations worldwide start to ease their lockdown restrictions, the global economy is expected to be back on track in the second half of the year. Relatively free from the impact of the coronavirus, industries in Taiwan will be able to respond quickly to pent-up demands of the global market. This October, the top three metal trade fairs in Taiwan will take place. Taipei AMPA, THS, and Taiwan International Fastener Show—will take place in Northern, Central, and Southern Taiwan respectively. Together, the three events are set to demonstrate the capabilities and potential of Taiwan’s metal industry to the fullest.

Among those three, THS will kick-off the event series. In response to the stay-at-home economy boosted by the pandemic, the organizer Kaigo has set up five main exhibit areas featuring: Tools & Accessories, Garden & Outdoor Equipment, Locks & Fittings, Building Supplies, and Safety Equipment & Products. Another three exhibit areas are also in place as the industry recovers, including Automotive Supplies & Accessories, Fasteners & Fittings, and Machines & Plant Equipment. The eight exhibit areas in total will join Taiwan’s hardware and hand tools businesses in setting another brilliant business record. Kaigo is now also launching event services to meet the needs of all participants during the pandemic. For more information on THS, please visit http://www.hardwareshow.com.tw.

The location of Sharjah has made it become one of the most important economic and transportation hub that connects the East with the West since the 20th Century...M-Tech Tokyo,Automechanika Ho Chi Minh City,Istanbul Hardware Fair,Fastener Fair Stuttgart,M-Tech Nagoya,Fastener Fair India,Ningbo Fastener Spring and Manufacturing Equipment Exhibition,Taipei AMPA,Subcon Thailand,International Fastener Manufacturing Exposition,Fastener Fair USA.......more

Industry Activities

Carlo Salvi S.p.A. Ready for a Progressive and Total Resumption of All Suspended Activities

Carlo Salvi S.p.A. Ready for a Progressive and Total Resumption of All Suspended Activities

In a letter to customers, partners, and providers, the team of Carlo Salvi S.p.A said on May 21st that they have provided for a progressive and subsequently total resumption of all suspended activities due to the spread of Covid-19.
“Our company every day adopts and guarantees all the sanita... more

2020-05-29

Industry Activities

Taiwan CSC Announces Domestic Price Adjustments for Q3 2020

Taiwan CSC Announces Domestic Price Adjustments for Q3 2020

On May 22nd, Taiwan CSC announced its price adjustments report for the third quarter of 2020. Among the products, the price for wire rod is down NTD 500 per metric ton; the price for hot rolled medium/high carbon steel and tool steel is down NTD 500 per metric ton; and the price for automotive materials is down NTD 500 per metric ... more

2020-05-26

Industry Activities

Ark Fastech Quality on Par with Multinational Purchasing Firms

Ark Fastech Quality on Par with Multinational Purchasing Firms

Taking in Experiences from Overseas Countries to Become a Benchmark Special Parts Trader
Ark Fastech has just moved in a new employee-friendly office built with Northern European decor. Besides adding new personnel, there is an additional laboratory and the company is looking to train QC talents to further quali... more

Apex Fastener International Co., Ltd. is specialized in the R&D of flange nuts, weld nuts, and prevailing torque nuts with the specification of M4-M30. Its monthly production is 900 tons and its markets include many countries having car and motorbike assembly and manufacturing industries, especially those in Europe. Apex Fastener is ... more

Governments / Associations

Governments / Associations

South Africa Initiates an Investigation on Imported Steel and Iron Hexagonal Bolts

South Africa Initiates an Investigation on Imported Steel and Iron Hexagonal Bolts

On May 15 the South African International Trade Administration Commission announced to initiate a safeguard measure investigation against imported steel and iron hexagonal bolts. The application was lodged by South African Iron and Steel Institute. The HS code involved within the investigation is 73181543. All parties... more

2020-05-25

Governments / Associations

South Africa’s Car Export Won’t be Impacted by UK’s New Tariff Measures

South Africa’s Car Export Won’t be Impacted by UK’s New Tariff Measures

UK’s Department for International Trade has recently announced the new tariff measures, which will become effective on January 1st, 2021 and will get up to 6,000 types of products involved. According to the new list of products subject to tariffs, cars imported into the UK will be subject to a tariff rate of 10%. However, as South Africa has s... more

2020-05-25

Fastener World Events

Fastener World Events

2019 Christmas Celebration Party at Fastener World HQ

2019 Christmas Celebration Party at Fastener World HQ

On the night of Christmas in 2019, the whole team of Fastener World Magazine gathered together in front of the tall Christmas tree with brilliant decorations and several gifts piled on the ground. We enjoyed lots of gourmet dishes and hotpots and had really a very fun time in the gift exchange activity. The continuous laughs fully revealed the energy of... more

2020-02-14

Fastener World Events

2018 Activity Review: ISO/IEC 17025:2017 & AIAG CQI 9/11/12 Seminars

2018 Activity Review: ISO/IEC 17025:2017 & AIAG CQI 9/11/12 Seminars

In the year end of 2018, Fastener World Magazine and the industry well-known speaker Mr. Billy Liu worked together to hold the ISO/IEC 17025:2017 & AIAG CQI 9/11/12 seminars, which attracted the registration of many professionals from Taiwan fastener industry. Contents lectured in the seminars made participants understand more about relevant topics.... more